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Persistent link: https://www.econbiz.de/10003820043
learning. Our results are striking and suggest that measured brand beliefs can predict choices quite well and moreover that in …
Persistent link: https://www.econbiz.de/10009316147
We develop a probit choice model under optimal sequential search and apply it to the study of aggregate demand of consumer durable goods. In our joint model of search and choice, we derive a semi-closed form expression for the probability of choice that obeys the full set of restrictions imposed...
Persistent link: https://www.econbiz.de/10010250702
Persistent link: https://www.econbiz.de/10003820029